L and L Franchise vs Great Steak Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of L and L Franchise vs Great Steak including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
L and L Franchise Franchise
Great Steak Franchise
Investment $133,700 - $535,000$155,900 - $520,300
Franchise Fee $30,000$30,000
Royalty Fee 3%-4%6%
Advertising Fee 1%-2%-
Year Founded 19761983
Year Franchised 19911986
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$5K


Business Experience Requirements

 
L and L Franchise Franchise
Great Steak Franchise
Experience -
  • Industry experience
  • General business experience

  • Financing Options

     
    L and L Franchise Franchise
    Great Steak Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    L and L Franchise Franchise
    Great Steak Franchise
    Training On-The-Job Training: 168 hours Classroom Training: 24 hours K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more.
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad slicks, National media, Regional advertising
    Operations - International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)


    Expansion Plans

     
    L and L Franchise Franchise
    Great Steak Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About L and L Franchise

    L&L Franchise, Inc., the parent company of L&L Drive-Inn and L&L Hawaiian Barbecue has expanded across Hawaii and mainland United States to include over 175 locations serving the best in Hawaiian Barbecue(SM) Hawaiian style cuisine. The company's approach in providing great food and Aloha spirit has been well received by many throughout the United States. The franchise continues to grow at a rate of one store per week. 

    Veteran Incentives  $10,000 off franchise fee
    "Entrepreneur
    #165 in Franchise 500 for 2020.
    #207 in Franchise 500 for 2021.


    About Great Steak

    The Great Steak has manufactured a notoriety for offering the chief cheesesteak encounter. The rich history of the American Philly cheesesteak has propelled the Great Steak brand to respect the cheesesteak's initial beginnings by serving quality, moderate dinners that taste incredible. In the meantime, Great Steak keeps on improving in the cheesesteak classification by offering visitors an assortment of menu alternatives that incorporate claim to fame sandwiches, heated potatoes and celebrated fries. While concentrating on assortment, quality, freshness and stellar client benefit, the Great Steak group additionally perceives the significance of giving excellent support to the establishment group. Support is given through every day operational direction, menu development, advertising apparatuses, lively advancements and store stylistic theme redesigns.
    The Great Steak brand is a present, pertinent idea that keeps on remaining consistent with the organization's center qualities, "meat and potatoes." It's this significance and the dedication to serving all-American solace nourishment that makes the Great Steak mark an engaging idea in urban communities the nation over. Kahala, the franchisor of Great Steak, has contrived an unmistakable arrangement and technique to opening and working your eatery. From work out, outline and development to fantastic opening celebrations and promoting strategies, Great Steak is overseen by a group of prepared, talented experts who will tutor and guide you along the way of owning your own particular Great Steak eatery.